Minimum Lifespan of Five Years for Gift Vouchers

Senator Tim Lombard has agreed with the proposal that all gift vouchers should have a minimum lifespan of five years.

“There’s no doubt that there are great advantages to gift vouchers, for consumers and businesses alike. However Ireland currently has no legislation regulating their expiry dates, which causes confusion and frustration for many consumers.

“This can be particularly frustrating where the vouchers themselves aren’t clear about their expiration date.

“For the last few months, my Fine Gael colleague Minister for Business, Enterprise and Innovation, Heather Humphreys, has been developing proposals to introduce a minimum expiry date of 5 years.

“These proposals are now at an advanced stage. Minister Humphreys will be going to Government to seek approval to draft a Bill shortly.

“Every year, countless gift vouchers are lost or go out of date, and these new proposals could see real improvements for consumers.

“We are hopeful that this important consumer protection initiative can be agreed by all parties in the Oireachtas.”

 

06 June 2018

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